After calculating the compensation expense for a position, use the Total Position tab in the Expense portion of the position details data form to view the total aggregated values of the following for all assigned employees:
Basic salary
Taxable compensation
Gross Earnings
Use the Vacancy tab to display the basic salary, taxable compensation, and gross earning expenses for positions without assigned employees.
To calculate period-level compensation detail expenses, and allocate them to General Ledger accounts:
Select the tab for the kind of compensation to calculate (Benefit, Additional Earnings, and so on) and allocate.
Calculate period-level expenses for compensation in terms of basic salary, gross earnings, and taxable compensation by performing these tasks:
For the Position budget detail or the Position and Employee budget detail, select Total Position.
If compensation expenses are already calculated, expand Total Compensation Expense.
Right-click in the first column, and then select Calculate Compensation Expense.
Calculate compensation expenses for the vacant portion of the position, select Vacancy, right-click, and then select Calculate Compensation Expense.
Allocate compensation expenses to General Ledger accounts, by performing these task:
Ensure that allocations defaults are defined, or that the chart fields or segments for allocations are specified on the Allocations tab.
Right-click, and then select Allocate Compensation Budget to General Ledger Accounts.
Allocate the vacant portion of position or employee expenses by selecting Vacancy, right-clicking, and then selecting Allocate Compensation Budget to General Ledger Accounts.
View position and employee expenses by period after performing allocations by right-clicking, and then selecting View Allocated Expenses.
To identify the annual, quarterly, or monthly impact of all assigned compensation details on the budget, see Viewing the Budget Impact of Compensation Expenses.